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Mortgage
Mortgage rates continue their fall, to 2.93%
Rates continued to drift down as markets concur with transitory inflation measures The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released…
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Mortgage applications increase as 30-year rate falls
Refis were up 5.5% over the prior week After three straight weeks of declines, mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers…
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Mortgage forbearance drops as expiration date nears
2 million loans still in forbearance Mortgages in forbearance fell for the 15th consecutive week last week to 4.04% of servicers portfolio volume ― a 12 basis point decline, according to a survey from the…
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Watersone Mortgage’s COO on finding a way to “yes” for each loan file
Mortgage operations were a make or break component of every lender’s 2020 strategy, putting operational professionals in the housing economy to test in a turbulent market. As Chief Operating Officer at Waterstone Mortgage, Rich…
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Mortgage lenders loosened credit standards in May
Numbers are consistent with an uptick in mortgage rates and a downturn in applications Mortgage credit availability increased by 1.4% in May – a sign that volume-hungry lenders continued to loosen credit…
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FHFA extends forbearance for rental properties
Forbearance for Fannie Mae and Freddie Mac mortgages was set to expire June 30 The Federal Housing Finance Agency (FHFA) has extended forbearance options for multifamily properties through the end of September.…
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High-end home sales still rising in California, Florida
Bay Area, Miami, Las Vegas have seen largest increase in "expensive" home purchases Home sales on properties labeled as “expensive” or “high-end” have skyrocketed in…
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The cyclical nature of the mortgage industry
Here’s what 2020 taught us The ability to look past the now and develop strategies that poise an organization for future success is key to any leadership position in almost any business. It’s true for the…
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Here are the 2021 HW Finance Leaders
40 of the most impactful corporate finance and capital markets executives in housing HousingWire’s Finance Leader award recognizes outstanding performers in the finance space. The 2021 winners…
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Rocket Mortgage Review 2021
By Bankrate Staff Jan. 1, 2021 Bankrate’s editorial team researches, reviews and rates lenders to help you find one that fits your needs. Our experts consider a range of factors, including rates, loan types, time to close, fees and…
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